REVENUE: (Tables)

3 Months Ended

Mar. 31, 2020

REVENUE:

Summary of company's sales by geographic wise and segment wise

	Three Months Ended March 31, 2020
			Mexican
	Mexican		IMMSA		Peruvian		Corporate &
	Open-Pit		Unit		Operations		Elimination		Consolidated
The Americas:
Mexico	$	363.6	$	99.2	$	—	$	(26.8)	$	436.0
United States		258.2		0.2		40.9		—		299.3
Peru		—		3.0		73.1		—		76.1
Brazil		—		3.5		54.5		—		58.0
Chile		1.9		—		48.2		—		50.1
Other American countries		8.3		0.9		0.2		—		9.4
Europe:
Switzerland		172.5		14.9		66.5		—		253.9
Italy		—		3.4		66.8		—		70.2
Spain		46.6		—		—		—		46.6
Other European countries		20.3		6.1		52.9		—		79.3
Asia:
Singapore		61.7		3.2		135.8		—		200.7
Japan		9.4		—		98.7		—		108.1
Other Asian countries		11.2		0.1		20.7		—		32.0
Total	$	953.7	$	134.5	$	658.3	$	(26.8)	$	1,719.7

	Three Months Ended March 31, 2019
			Mexican
	Mexican		IMMSA		Peruvian		Corporate &
	Open-Pit		Unit		Operations		Elimination		Consolidated
The Americas:
Mexico	$	351.3	$	86.8	$	—	$	(19.9)	$	418.2
United States		279.0		1.4		6.7		—		287.1
Peru		1.6		—		85.7		—		87.3
Brazil		—		7.2		48.3		—		55.5
Chile		1.1		—		20.0		—		21.1
Other American countries		12.8		0.5		1.8		—		15.1
Europe:
Switzerland		225.4		12.0		110.4		—		347.8
Italy		29.2		5.5		47.3		—		82.0
Spain		45.5		—		—		—		45.5
Other European countries		22.9		5.8		53.9		—		82.6
Asia:
Singapore		58.5		1.8		52.6		—		112.9
Japan		9.8		—		117.5		—		127.3
Other Asian countries		35.0		0.1		35.9		—		71.0
Total	$	1,072.1	$	121.1	$	580.1	$	(19.9)	$	1,753.4

The following table presents information regarding the sales value by reporting segment of the Company’s significant products for the three months ended March 31, 2020 and 2019 (in millions):

	Three Months Ended March 31, 2020
			Mexican
	Mexican		IMMSA		Peruvian		Corporate, Other &		Total
	Open-pit		Unit		Operations		Eliminations		Consolidated
Copper	$	799.7	$	18.0	$	561.0	$	(12.9)	$	1,365.8
Molybdenum		72.0		—		54.1		—		126.1
Silver		44.6		35.4		20.0		(11.9)		88.1
Zinc		—		65.4		—		(0.5)		64.9
Other		37.4		15.7		23.2		(1.5)		74.8
Total	$	953.7	$	134.5	$	658.3	$	(26.8)	$	1,719.7

	Three Months Ended March 31, 2019
			Mexican
	Mexican		IMMSA		Peruvian		Corporate, Other &		Total
	Open-pit		Unit		Operations		Eliminations		Consolidated
Copper	$	895.1	$	11.0	$	522.4	$	(12.9)	$	1,415.6
Molybdenum		90.1		—		28.2		—		118.3
Zinc		—		77.1		—		(0.4)		76.7
Silver		50.4		17.3		14.9		(5.8)		76.8
Other		36.5		15.7		14.6		(0.8)		66.0
Total	$	1,072.1	$	121.1	$	580.1	$	(19.9)	$	1,753.4

Schedule of opening and closing balances of receivables by reporting segment

The opening and closing balances of receivables by reporting segment of the Company were as follows (in millions):

			Mexican
	Mexican		IMMSA		Peruvian		Corporate &
	Open-Pit		Unit		Operations		Elimination		Consolidated
As of March 31, 2020:
Trade receivables	$	411.1	$	44.4	$	254.2	$	—	$	709.7
Related parties, current		27.4		—		—		7.9		35.3
Related parties, non-current		59.0		—		—		—		59.0
As of December 31, 2019:
Trade receivables	$	477.8	$	38.0	$	317.1	$	—	$	832.9
Related parties, current		22.1		—		—		7.9		30.0
Related parties, non-current		59.5		—		—		—		59.5

Schedule long term contracts by products

As of March 31, 2020, the Company has long-term contracts with promises to deliver the following products in 2020:

Copper concentrates (in tons)	870,000
Copper cathodes (in tons)	48,000
Molybdenum concentrates (in tons)	24,061
Sulfuric acid (in tons)	292,400

Schedule of provisionally priced copper and molybdenum sales outstanding

Following are the provisionally priced copper and molybdenum sales outstanding at March 31, 2020:

	Sales volume	Priced at
	(million lbs.)	(per pound)	Month of settlement
Copper	83.5	2.24	April 2020 through July 2020
Molybdenum	14.8	8.43	April 2020 through July 2020